Starknet, a leading Layer 2 scaling solution for Ethereum, has recently announced a series of significant upgrades to its network.
Starknet Unveils Major Upgrades: A New Era for Ethereum Scaling
These enhancements, which have been developed in response to ecosystem feedback, are set to revolutionize the user experience and performance of the network. The primary goal is to bolster network performance to accommodate the anticipated surge in users and developers.
Starknet v0.12.0: A Quantum Leap in Throughput and Latency
The much-anticipated Starknet v0.12.0 is set to move to the public testnet next week. This version promises substantial throughput and latency enhancements, thanks to six months of dedicated work on Rust-ifying the Starknet stack. The result? A dramatic reduction in block execution time and a significant increase in throughput.
Starknet v0.12.1: Enhancing User Experience with Failed Transaction Inclusion
Starknet v0.12.1 will introduce a game-changing update: the inclusion of failed transactions in the block. This crucial upgrade will address user experience issues and protect the sequencer from spam, ultimately paving the way for a more seamless user interaction.
Starknet v0.13.0: Slashing Transaction Costs for a More Efficient Ethereum
The upcoming Starknet v0.13.0 is set to drastically cut transaction costs by targeting L1 (Ethereum) data cost, which currently accounts for 95% of total transaction costs. With the implementation of Ethereum’s EIP-4844 and its Volition (off-chain data availability), users can expect a significant reduction in data costs.
Starknet v0.14.0 and v0.15.0: Addressing Network Congestion and Enhancing User Experience
Starknet v0.14.0 will introduce a fee market to tackle potential congestion issues, ensuring efficient allocation of the network’s limited resources. Meanwhile, v0.15.0 will transition the platform to constant, shorter block intervals by decoupling the 1:1 relationship between a Starknet block and its proof. This will attest to the integrity of one or more blocks, fix block intervals, and further enhance the user experience.
What does Starknet imply about the future of Ethereum and user experiance
These future-proof functionalities and best-in-class performance and UX improvements are expected to continue attracting developers and dApps to Starknet. With these new upgrades, users can look forward to faster and more efficient transactions and a superior user experience.
About Starknet: Starknet is undoubtedly one of the most promising Layer 2 scaling solutions for Ethereum, and these upgrades only add to its appeal.
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